Which of the following are criteria for determining whether to record an asset as a fixed asset?

send your client an email with a project and risk status. You ask for feedback on project performance. Which best practice shoul

Zolol [24]

Explanation:

Get to the point quickly and be concise., but don't be impersonal or abrupt. Keep your sentences short and clear. Include everything your client needs to know in the email. If you're just providing information and don't need a response, write “No response needed” at the end of the email.

7 0

3 years ago

For the year ended December 31, Year 1, Fields Company made cash payments of $61,600 for dividends, paid interest of $30,400, pa

Yanka [14]

Answer:

D. $77,600

Explanation:

The $77,600 made to purchase equipment would be reported as a cash outflow in the investing activities section. This is because asset purchased such as equipment is an investment while the cash used to purchase the asset is regarded as cash outflow.

Dividends are recorded in the financing section, while cash paid for interest and paid to suppliers would be recorded in the operating activities.

4 0

3 years ago

The entry to record the distribution of the stock dividend would include

Iteru [2.4K]

The correct answer is B. A debit to common stock distributed.

<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>

In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

4 0

3 years ago

In economics, if a good is inelastic,

Mariulka [41]

In economics, if a good is inelastic, then <u>its supply or demand is not sensitive to price changes. </u>

Changes or fluctuations in market prices does not affect the supply and the Demand of inelastic goods.

<h2>Further Explanation; </h2>

Inelastic goods, are types of goods whose demand and supply is not affected by changes in market prices. That is an increase or decrease in market price does not affect their supply or demand.
When the price of an inelastic good changes, its supply and demand is unaffected.
Examples of such goods include, water and food. Therefore, for inelastic goods, the consumer buying strength and habits remain the same.

<h3>Demand and supply in determination of market price </h3>

Demand refers to the quantity of goods or services that consumers are willing and able to buy at a particular price while supply is the quantity of goods or services that suppliers are willing to supply to the market at a particular price.

One of the factor that determine market prices are the forces of demand and supply, this is based on the ability and willingness of buyers and sellers to undertake selling and buying.
Buying and selling occurs at an equilibrium price that is agreed upon by sellers and buyers.
This means the sellers and buyers are willing to exchange a certain quantity of a commodity at this price. Thus, price depends on the demand and supply in the market.
However, for <u>inelastic goods</u> such as water and food, the consumer has no option than to buy them at existing prices since they are necessity goods.

Keywords; Inelastic goods, demand and supply, market price.

<h2>Learn more about: </h2>

Demand and supply; brainly.com/question/6749722
Effect of supply and demand on market price: brainly.com/question/3522474

Level; High school

Subject: Business

Topic: Demand and supply

Sub-topic: Types of goods

8 0

3 years ago

Read 2 more answers

Villalpando Winery wants to raise $35 million from the sale of preferred stock. If the winery wants to sell one million shares

statuscvo [17]

Answer:

(a) $4.2

(b) $5.6

(c) $2.8

(d) $2.45

(e) $2.1

(f) $1.05

Explanation:

Given that,

Total amount of capital raised from the sale of preferred stock = $35 million

Number of shares = 1 million

Price per share = Total capital raised ÷ Number of shares

= $35 million ÷ 1 million

= $35 per share

(a) If a Expected rate of return = 12 percent